Strategic Corporate Governance
London Business Training & Consulting
Key Information
Campus location
London, United Kingdom
Languages
English
Study format
On-Campus
Duration
2 weeks
Pace
Full time
Tuition fees
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Application deadline
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Earliest start date
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Introduction
When companies go off track – unexpected risks become reality, unplanned-for claims arrive without notice, a sudden vacancy appears among top management – shareholders look to the Board of Directors for an explanation and a remedy. But how do we know if directors are effective? And how should we measure their performance? This course examines 'what good looks like' for members of a board when carrying out their duties – including the Board chairman, the Company Secretary and non-executive directors.
By attending this course, you will examine new and complex issues that are taxing the skills of even the most experienced directors. These include the potential for conflict between activist shareholders and the board, the emergence of Climate Change as a threat to global security, the requirements to report publicly on what is called the "stakeholder agenda", and the increasing focus of regulatory bodies, such as the Financial Reporting Council, on how boards are managing risk.
The course will wrap with a summary of the key learning points, followed by an action planning exercise with a view to apply the acquired knowledge and skills immediately upon your return to work. Postcourse support is also available in relation to the implementation of your action plan, up to six (6) months following course completion.
Agenda
The Effective Board Director
Directors Legal Duties
What skills do Board directors need?
What makes an effective board?
Evaluating Board Performance
Leadership, Independence and Governance
Role and skills of the Board chairman
Roles and skills of the Nonexecutive director
The company secretary as head of governance
Role of Executives
The Executive Committee
Performance Measurement and Remuneration of Directors
Appointments to the Board & Succession planning
Running an Effective Board Meeting
How to run an Effective board meeting
Meeting Agendas
Minutes
Schedules
Institutional Investors and ESG Principles
The role of institutional investors
Investor activism
The sustainable company
Regulation and Control on Corporate Behaviour
Handling conflicts of interest
Internal audit and other controls
Regulatory controls on Boards
Corporate Governance Models
Listed and Unlisted companies – governance compared
Independence – the watchword for Boards and Directors
Corporate Governance challenges in State Owned Companies
Emerging Trends
What are the emerging priorities for boards in the third decade of the 21st Century?
ESG issues and Climate Change
Refreshing the board
New Existential threats, such as cyber security
Course Review
Summary and recap of key learning objectives
Action Planning
Target Audience
This course is suitable for:
- NonExecutive Directors wanting to understand their role;
- Other Board members wishing to refresh their knowledge and skills;
- Chairs of organizations, Chief Executives, Company Secretaries, Other Heads of organizations;
- Professionals, practitioners, and managers in corporate investment, as well as Leaders in state owned enterprises, public, voluntary, and nonprofit organizations;
- those needing to get to grips with good governance such as Inhouse counsel and Regulatory and Compliance professionals.
Learning Outcomes
Upon completion of this course, you will be able to:
- Describe what the legal duties of a director are.
- Recognize the characteristics of an ineffective Board.
- Review how to run an effective board meeting.
- Explain the roes and skills needed for key appointments to the board, including the chairman, company secretary and nonexecutive directors.
- Implement a performance measurement structure for individual directors and the board as a whole.
- Explain the wants and needs of institutional investors and how they may behave.
- Put into practice the duties of directors.
- Address the "stakeholder agenda".
- Apply the FRC's guidance on risk management and board effectiveness
- Explain how corporate governance can operate in different types of companies, including those owned by the state.
- Appreciate the emerging trends in corporate governance, such as ESG issues and Climate Change.
- Implement an Action Plan at your workplace using the knowledge and skills acquired through the course.